PALM BEACH, Fla., Sept. 9, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary – What dominates online sports gambling is technology. Some bookmakers who have become online sportsbooks are now among the top gambling companies in the world. An article in Forbes claimed that if all 50 states in the U.S. legalize sports betting, it could end up generating nearly $20 billion in yearly revenue, which is similar to the ever-expanding legalization of recreational marijuana across the U.S. An article in the European Business Review said that legalized sports betting offers the potential for tech startups to expand their businesses into a multi-billion-dollar market. A highly competitive marketplace can set the stage for technological innovation in online sports gambling. For example, Alphabet Inc. (Google) has recently changed its policies to permit real-money gambling and betting apps on its Play Store in the U.S. and 15 additional countries. International Game Technology PLC (headquartered in the U.K., with affiliates in Europe, Latin America, and Asia) announced a…
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